Would selling the same product in two different markets

Assignment Help Microeconomics
Reference no: EM13803629

Would selling the same product in two different markets (NY and AL), but at two different prices be considered third degree price discrimination? Explain. 

 

 

Reference no: EM13803629

Questions Cloud

How can the evaluators track the teachers candidates : How can the evaluators track the teachers candidates after their graduated from college and what the challenges that face evaluators to collect data?
Supporting activity website critique : Supporting Activity Website Critique
Examples of how categorical data : Examples of how categorical data is used in the workplace. As a hint, type "categorical data" followed by a topic of interest to you into the search engine. Carefully review the search results. Post two to tree paragraph summary of your results. A..
Canada economic growth using charts : Research the trade deal in 2000. Identify the leaders of China, the United States, and Canada at the time of the deal. Describe the deal providing reasons why each country would be in favour of the deal at the time. Illustrate what the deal was suppo..
Would selling the same product in two different markets : Would selling the same product in two different markets (NY and AL), but at two different prices be considered third degree price discrimination? Explain.
Prepare the ethical dilemma matrix : Prepare the Ethical Dilemma matrix and include the following explanation-double-space your narrative-below the matrix: Why I chose the dilemma
A decrease in material costs : For each of the four scenarios below, determine how each event would affect our firm's marginal, average, and average variable cost curves. Consider each situation independently. Describe in detail. a. An increase in employee wagesb. A decrease in ma..
Describe the use of network management : Explain how the components of an information technology system interrelate in an organizational context. Describe the use of network management, Web, wireless, and mobility technologies.
Ethical issues presented in the simulation : What were the ethical issues presented in the simulation? What decision-making steps did you take to ethically address these issues?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd